Car Insurance Comparison

Mar 7, 2012

When it comes to comparing car insurance quotes, shopping around is important as car insurance premiums may vary significantly from one car insurance policy to another.

Premiums differ

Differences in premiums between various insurers offering car insurance can often exceed more than $100 depending on your circumstances, so taking the time to do a car insurance comparison can potentially save you money.

There are a number of ways to compare car insurance. Prior to the advent of the internet, it was a matter of digging out the phone directory and ringing around car insurance companies, which can be a time-consuming process. You could also go and meet with car insurance salespeople, or insurance brokers.

Comparison made easy

Car insurance comparison is much easier now than it used to be. These days, using the internet, getting a no-obligation and pressure-free car insurance comparison is much simpler, and it’s also a very viable way of going about it.

RateCity.com.au has an online tool, which enables motorists to compare car insurance quotes from several insurance brands. All you have to do is fill out a simple online form including standard details such as the make and model of the car, whether it is garaged and the minimum age of those likely to drive it and click 'submit' to receive car insurance quotes within minutes. The RateCity Car Insurance Guide also contains helpful information realted to getting a quote for car insurance online.

Different car insurances

In addition to the compulsory third party (CTP) insurance that all car owners in Australia must take out when registering their cars, the two optional types of car insurance available are comprehensive car insurance and third party property insurance.

Third party property insurance covers you against the costs of any damage your car does to someone else’s property, including their car, if the driver of your car is at fault. It does not cover the costs of any damage to your car. That’s where comprehensive car insurance comes in – it also covers the cost of damage to your car, up to an agreed value, in addition to the cost of damage caused to any other car or property.

This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about products from multiple financial institutions. We will try to show you a range of products in response to your request for information. The search results do not include all providers and may not compare all features relevant to you, for further details refer to our FSCG. We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a product, you will deal directly with a financial institution, and not with RateCity. Rates and product information should be confirmed with the relevant financial institution, and you should review the PDS before you decide to purchase. See our terms of use for further details. This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.